BlackRock CEO Says How He Would Reform Social Security
For anyone who depends on Social Security to pay bills (and millions of Americans do), a 21% cut in benefits may be devastating. Even if someone works for years to maximize their monthly benefit, a reduction is sure to impact their everyday budget. Yet, cuts are on the horizon if Congress can't agree on a plan to shore up the Old-Age, Survivors, and Disability Insurance (OASDI) program before the trust runs dry. Image source: Getty Images.Continue reading
For anyone who depends on Social Security to pay bills (and millions of Americans do), a 21% cut in benefits may be devastating. Even if someone works for years to maximize their monthly benefit, a reduction is sure to impact their everyday budget. Yet, cuts are on the horizon if Congress can't agree on a plan to shore up the Old-Age, Survivors, and Disability Insurance (OASDI) program before the trust runs dry.
Image source: Getty Images.
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